House Passes Bill to Rescind Over $70 Billion in IRS Funding

House Passes Bill to Rescind Over $70 Billion in IRS Funding
Speaker of the House Kevin McCarthy (R-Calif.) departs from his office for a series of votes in the U.S. Capitol Building in Washington, on Jan. 9, 2023. Anna Moneymaker/Getty Images
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The House of Representatives voted late Monday to rescind over $70 billion to the Internal Revenue Service (IRS) in the first bill under the 118th Congress. It now goes to the Democrat-controlled Senate, where it has little chance of progress amid additional opposition from the White House.

The Family and Small Business Taxpayer Protection Act passed on party lines with a 221-210 vote.